2018, Origination and Third-Party Sender

NACHA Adds 9K Third-Party Senders, Expands ACH Payments

PYMNTS

MARCH 5, 2018

NACHA , the electronic payments association, announced that banks and credit unions have registered 9,403 third-party senders as of the March 1, 2018 deadline. 29, 2017, calls for financial institutions that originate ACH payments to register their third-party sender customers through the NACHA Risk Management Portal.

Third-Party Sender

Third-Party Sender NACHA ACH Credit Union

The Role Of Reputation In Managing Risk

PYMNTS

OCTOBER 13, 2017

As an example, Hennessy noted the recent debut of NACHA’s third-party sender rule, which took effect at the end of September. The rule mandates that financial firms originating ACH transfers must identify and register their third-party sending customers with NACHA.

Risk

Risk Consumer Financial Protection Bureau (CFPB) Due Diligence Third-Party Sender

Payments Space

NACHA Adds 9K Third-Party Senders, Expands ACH Payments

The Role Of Reputation In Managing Risk

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